FOREX

AUDUSD in a Three-Wave Bearish Move – Elliott Wave Analysis

AUDUSD looks to have found a top at the 0.706 level, from where a new decline started forming. This decline is sharp and firm, and can be part of a minimum three-wave reversal. That said, be aware of pullbacks as part of a reversal. Also, a break of 0.668 level would confirm further weakness.

AUD/USD, 4h

– advertisement –

Source

Related Posts